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Top News In Kingdom Apr Today - Breaking & Trending Today

Inflation concerns continue to push yields higher


- 05:20 (EU) Daily ECB Liquidity Stats.
- 05:30 (ZA) South Africa Mar Total Mining Production M/M: -1.8%e v +3.8% prior; Y/Y: 17.3%e v 0.8% prior; Gold Production Y/Y: No est v -8.7% prior; Platinum Production Y/Y: No est v
-0.9% prior.
- 05:50 (HU) Hungary Central Bank One-Week Deposit Rate Tender.
- 06:00 (IL) Israel Apr Trade Balance: No est v -$3.0B prior.
- 06:00 (IE) Ireland Apr CPI M/M: No est v 0.8% prior; Y/Y: No est v 0.0% prior.
- 06:00 (IE) Ireland Apr CPI EU Harmonized M/M: No est v 0.9% prior; Y/Y: No est v 0.1% prior. ....

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German ZEW expectation survey hits a 20-year high


5/11/2021 9:59:25 AM GMT
Notes/Observations
- Germany s ZEW beats consensus and registered a 21-year high as slowing down of the 3rd wave of the pandemic provides some optimism.
- Uncertainty continues over the Covid-19 pandemic in Far East.
- Inflation fears haunting markets as Inflation in emerging Europe puts focus on potential rate hikes in region.
- UK government will set out its legislative agenda for the new parliamentary session in the Queen s Speech today.
Asia
- China Apr CPI Y/Y: 0.9% v 1.0%e; PPI Y/Y: 6.8% v 6.5%e.
- China releases 2020 census put its total population 1.412B v 1.4005B y/y; Total population increased 5.38% from 2010-2020 compare0d to 5.84% from 2000-2010 period. ....

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